What happened to Dollar Tree? Retailer closing 1,000 stores

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  • Опубликовано: 19 июн 2024
  • After a botched purchase of Family Dollar and low earnings, the retail chain will close 1,000 stores nationwide. So what exactly went wrong?

Комментарии • 480

  • @nuttybar9
    @nuttybar9 3 месяца назад +267

    They raised their prices ,That's what happened.

    • @silentmajority8365
      @silentmajority8365 3 месяца назад +29

      25 cents is not much considering how much theft they get from your PCchimps

    • @B86432
      @B86432 3 месяца назад

      Have to with bidenomics can't make money off $1 anymore

    • @kojoowusu7009
      @kojoowusu7009 3 месяца назад +24

      Nope it's people out here stealing dats what really happened. Nothing to do with raised prices people stealing.

    • @JohnEastmanExAttyAtLaw
      @JohnEastmanExAttyAtLaw 3 месяца назад +21

      theft.

    • @JohnEastmanExAttyAtLaw
      @JohnEastmanExAttyAtLaw 3 месяца назад +16

      even at `1.25 the deals are still better than anyone else. you dont see the theft from the addicts? this is where they eat from. they take what they want. the ones in rural areas will stay open. the ones in the city will close. i can guarantee you that the ones in Seattle lose money. every single one loses money.

  • @debbiesdeathpile
    @debbiesdeathpile 3 месяца назад +209

    What happened is they raised their prices without raising the quality. They shrunk the size of products and kept them at the $1.25 price point. It’s not a deal when you can go to other retailers and get more or better for the same price. Personally, I’m just tired of cheap crap from China that keeps their economy going while Americans are struggling. Buy vintage or handmade. And mostly buy American!!

    • @SimplymeintheNow84
      @SimplymeintheNow84 3 месяца назад +2

      Close em down build the new world 🌎🌍 simple

    • @JoeFiddle-ls5jh
      @JoeFiddle-ls5jh 3 месяца назад +3

      Stay broke u karen

    • @Chrisdee85
      @Chrisdee85 3 месяца назад +1

      Agree

    • @dickballs2936
      @dickballs2936 3 месяца назад

      So they should lose money just because Bidenflation is out of control?

    • @debbiesdeathpile
      @debbiesdeathpile 3 месяца назад

      @@JoeFiddle-ls5jh I’m not broke, I just care about where I spend my money. Idiot.

  • @mysteriousjz
    @mysteriousjz 3 месяца назад +117

    They not only raised their price 25% (from $1 to 1.25), but they also shrank the packages by 25%. For example, Broccoli 16oz was $1, but when they raised the price to 1.25, the package shrank from 16oz to 12oz. Thus, the value you are getting, you are paying approx. 50% more, not 25% more what it looks like with the 25% rise in price from $1 to 1.25.

    • @i.03983
      @i.03983 3 месяца назад +10

      if ur buying brocolli for a dollar it aint brocolli lol

    • @user-nt4ho4ny3l
      @user-nt4ho4ny3l 3 месяца назад +6

      French fries went from 32 oz to 8 oz

    • @manonamission2000
      @manonamission2000 3 месяца назад +3

      VeggieTales have joined the chat

    • @PurpleRose8725
      @PurpleRose8725 3 месяца назад +5

      Worse, many $1.25 items are going up again. They are $1.75 when regular stores are $1.25 or on sale for $0.99.

    • @conqueror03
      @conqueror03 3 месяца назад +3

      The dollar stores in my area are always out of basic things now that used to be in surplus.

  • @ckgun1
    @ckgun1 3 месяца назад +131

    nothing cost a dollar anymore and most of the time employees are not even at the register so it's a free for all.

    • @ghostwarrior4729
      @ghostwarrior4729 3 месяца назад +14

      I've personally worked at dollar tree and my wife has as well, you'd be surprised at the bs the employees have to endure working there, but the part you said about employees not being at the register, they're either bullshitting talking to someone or they are stocking things on the shelves or getting things from the isles that people misplace, not coming at you I'm just letting you know a little behind the scenes, they underpay, you have to unload trucks of product that take forever especially if you're in a bigger city. A lot of the workers nowadays are lazy too personally speaking it's sad.

    • @gabrielmoody1708
      @gabrielmoody1708 3 месяца назад +5

      Pretty soon there will only be mammoth super stores to shop in with no other alternatives!

    • @ckgun1
      @ckgun1 3 месяца назад +2

      @@ghostwarrior4729 yea i've seen it.

    • @user-pu1pz3jf1j
      @user-pu1pz3jf1j 2 месяца назад

      Spoken like a true THIEF

  • @DillDough4u
    @DillDough4u 3 месяца назад +76

    I used to go to DT weekly. Once they raised prices to $1.25 and the plus section I stopped going.

  • @themobilemage2137
    @themobilemage2137 3 месяца назад +56

    It would help if they hired enough employees to get items onto the shelves instead of piled up in boxes in a stock room. You can't expect one or two people to man the registers, stock, clean, help folks all at once

    • @melissasearles1396
      @melissasearles1396 3 месяца назад +3

      I agree! As a former employee that worked there for 1 1/2 years, it was frustrating working there. Managers didn't care, they would only schedule you 10-15 hrs a week. It was just a disaster of a store. Nothing could get done and customers would retaliate on the only cashier who showed up to work. I used to beg for more hours, but management said that they couldn't afford to give us more hours. They bit off more than they could chew when they bought Family Dollar.

    • @vashtikelly6837
      @vashtikelly6837 3 месяца назад +1

      agree that's how it is in the stores in indiana..

    • @user-km6xc9nm2w
      @user-km6xc9nm2w 2 месяца назад +1

      I work at a FD. That is exactly how it is. The problem comes in with the company constantly wanting sections to be reset/changed for no real reason other than novelty. Then, they give the manager only a few hours to split between the several employees. It doesn't really work, since the good ones leave eventually.

    • @lindalanderos5748
      @lindalanderos5748 2 месяца назад

      Exactly they won’t do that greed gets ya everytime

    • @lindalanderos5748
      @lindalanderos5748 2 месяца назад

      @@user-km6xc9nm2wyea becuss the pay is low

  • @MM-fe9mz
    @MM-fe9mz 3 месяца назад +80

    Headline is misleading. Closure is 30 dollar tree, and 970 FAMILY DOLLAR. Family dollar ITEMS ARE NOT $1.25.

    • @saalank
      @saalank 3 месяца назад +4

      Thank you for clarifying! Damn these misleading titles.
      Love Dollar Tree, so many staples for cheaper than Walmart. Family Dollar sucks. More expensive than Walmart and of course a much smaller selection. I do feel bad for the small communities though. I know many small towns that only have Family Dollar and maybe a grocery store and a gas station. Perhaps it's a good opportunity for small local businesses to pop-up!

    • @dianegreen2455
      @dianegreen2455 3 месяца назад +3

      Some candy is. And pasta $1. Main problem with one of store is Theft, I mean breaking glass door after hours. Replaced with Plywood and closed for week.

    • @channellove2096
      @channellove2096 2 месяца назад +1

      Our dollar stores may as well be Family Dollar-they have a $3, $5, $7 dollar section at least Family dollar actually have products that are only a $1.00 or less.

    • @davidhenderson3400
      @davidhenderson3400 2 месяца назад

      Dollar Tree now owns Family Dollar. Maybe that has something to do with it. But yes the headline is misleading

  • @user-uz5ko8sv2f
    @user-uz5ko8sv2f 3 месяца назад +63

    They bought Family Dollar with the intention of closing stores.. just ate the competition is all..

    • @dimitriberozny3729
      @dimitriberozny3729 3 месяца назад

      ⁠@@AtomicGirlNYCand bought 25% shares in Rite Aid and Walgreens found out the hard way that they couldn’t switch Rite Aid locations as easily to Walgreens as what they anticipated!! I worked for Rite Aid for loss prevention and they were a name:Rite Aid with five other companies:Rexall,Brooks pharmacy,Douglas Drug and Adams Drugs!!

    • @trentpettit6336
      @trentpettit6336 3 месяца назад +5

      @@AtomicGirlNYC You would consider Walgreens worse than CVS for anti-competitive behavior?

    • @Tank65891
      @Tank65891 3 месяца назад +4

      I'm sure theft & inflation has nothing to do with it.

    • @trentpettit6336
      @trentpettit6336 3 месяца назад +2

      @@AtomicGirlNYC Does CVS also "destroy competition" the way Walgreens does, in your opinion?

    • @2004cyrus
      @2004cyrus 2 месяца назад

      @@AtomicGirlNYCdon’t be stupid. Your whole argument is below 8th grade comprehension. Tank didn’t say these were new challenges in retail operations, nothing is new under the sun. But inflation has not been this high since the Carter Administration and people steal like crazy because unlike previous times before George Soros started paying big city prosecutors to stop throwing thieves in jail, the thieves know there will not be consequences for their bad behavior. Wake up slow poke.

  • @pppaaattt4671
    @pppaaattt4671 3 месяца назад +27

    I stopped going when they raised price went up from $1.00 to $1.25!!! I could find the items cheaper at Walmart….. And they left the name The Dollar store, nothing is under $$1.25. And mostly all the items are smaller.

  • @nodata4662
    @nodata4662 3 месяца назад +45

    This is a sign of things to come. The stores that cater to the poorest people will start closing as those people lose more purchasing power. Communities suffer when wealth is concentrating more at the top. Sure it's easy to resort to tribal politics but that's just compensating for lack of critical thinking skills.

    • @Tank65891
      @Tank65891 3 месяца назад +2

      I'm sure retail theft has nothing to do with it.

    • @bartbarton3082
      @bartbarton3082 3 месяца назад

      Its not stealing, their liberating wealth for the revolution LOL​@@Tank65891

    • @jgjg3848
      @jgjg3848 3 месяца назад +5

      How about addressing the real problem in those areas? Retail theft and electing corrupt politicians who do nothing about the theft other than tie the hands of police. Prosecutors and judges just open the revolving door to help this problem continue. Stop excusing criminal behavior.

    • @2004cyrus
      @2004cyrus 2 месяца назад

      @@jgjg3848George Soros is smiling

    • @marleonetti7
      @marleonetti7 2 месяца назад +1

      yes and today the 99 cents only stores announced that they will be closing all their stores which are in california , arizona , texas , and nevada .

  • @sjbock
    @sjbock 3 месяца назад +22

    You can tell neither of these 2 have ever been to a Dollar Tree. That company shot itself in the foot when it raised the prices to $1.25 and above for less appealing products. Low staffing levels and extremely high employee turnover in stores over indicate it's a poorly run company.

    • @waltersabo8192
      @waltersabo8192 2 месяца назад

      TOTALLY AGREE and they are condescending to the customer base. Incompetent.

    • @MangoTroubles-007
      @MangoTroubles-007 2 месяца назад +2

      I worked at Dollar Tree in 2014 when I was 22. Same manager, employees and people worked there for years. Nowadays there's a new manager and new employees everytime I go there. High turnover is so true

    • @2004cyrus
      @2004cyrus 2 месяца назад

      That’s not why they are pulling up stakes

    • @2004cyrus
      @2004cyrus 2 месяца назад

      I’ve been twice

    • @MangoTroubles-007
      @MangoTroubles-007 2 месяца назад +1

      @@2004cyrus
      That's false information
      Stop that

  • @shanac5536
    @shanac5536 3 месяца назад +23

    They got greedy and raised the prices to $1.25-5$

    • @sneksteppy
      @sneksteppy 2 месяца назад +2

      You were greedy wanting to pay next to nothing for your sh*t and now you gotta pay full retail price at Kroger :3

    • @VaunXox
      @VaunXox 2 месяца назад +2

      ​@@sneksteppyWhat a weird vindictive sounding response. o.O

    • @urff1322
      @urff1322 Месяц назад

      ​@@VaunXoxDon't you gaslight that person lmao 😂 Yk its true

  • @anastasia10017
    @anastasia10017 3 месяца назад +28

    Dollar tree is a good store for handy, disposable things that you need but dont want to spend money on - like Tupperware, paper towels, paper napkins, cleaning cloths, kid's coloring books, shelf liners etc.. and $1 is about right -- Although I notice that now they are selling a lot of things for $5 which is way out of their target marketing niche. I have only been into one Family Dollar store and it was the most horrible, depressing store and the prices were the same as any other store. I know people buy food in these stores, but that is the last thing I would buy there. The other thing is that people need to pay attention to what the real price is for a product in these stores because sometimes it ends up being more expensive than a regular store.

    • @rykie6278
      @rykie6278 3 месяца назад +4

      As long as my brain thinks "you're gettin' a good deal," I'm good.

    • @jaeeluv
      @jaeeluv 3 месяца назад

      ​@@rykie6278 😂

    • @user-km6xc9nm2w
      @user-km6xc9nm2w 2 месяца назад

      As far as some items being more expensive, well, it depends. If you take into consideration having or getting transportation to a big box store, maybe the local place where you can walk or bike is more doable. Many of the FD customers are elderly and poor in my area. Also, the ugly games that Walmart plays at the self-checkout is off putting.

  • @Me97202
    @Me97202 3 месяца назад +13

    People _think_ they save money at these stores. When they’re actually paying a lot more based on sizes.

    • @user-km6xc9nm2w
      @user-km6xc9nm2w 2 месяца назад +1

      That is what some people can afford month to month. This is not by choice. Shoppers are not stupid.

  • @lhamothondup8596
    @lhamothondup8596 3 месяца назад +35

    I saw some customers took things and left without paying and it is very saddening .

    • @sneksteppy
      @sneksteppy 2 месяца назад +3

      "customers" lol

    • @Labyrinth6000
      @Labyrinth6000 2 месяца назад

      It’s not worth the life and wage of a worker to stop thief stealing a few dollars worth of items. The ultimate thieves beginner store to steal at.

  • @anastasia10017
    @anastasia10017 3 месяца назад +23

    Wasn't it Family Dollar that was sued for having disgusting warehouses full of rats ? That will put a hole in their profits.

    • @i.03983
      @i.03983 3 месяца назад +4

      thats dollar general but im sure they do the same shit too

    • @gabrielhillceo
      @gabrielhillceo 3 месяца назад +3

      They were fined $10M+ dollars. So..yeah, that would do some damage.

    • @81redddd
      @81redddd 3 месяца назад +2

      @@i.03983no it was family dollar

    • @RedRose4141
      @RedRose4141 2 месяца назад

      I personally had to show the manager of my local family dollar Rat droppings and chewed clothing they had hung up to sell.

  • @DRPRROSE011
    @DRPRROSE011 3 месяца назад +66

    Dollar tree must lower there prices , sick of being ripped off these days .

    • @dickballs2936
      @dickballs2936 3 месяца назад

      So they should lose money just because Bidenflation is out of control?

    • @rzn2258
      @rzn2258 3 месяца назад +16

      It's a QUARTER !!
      SHUT UP AND GO COMPLAIN ABOUT GROCERY PRICES !!!!

    • @DRPRROSE011
      @DRPRROSE011 3 месяца назад

      ​@@rzn2258be a better person , and you shut up.

    • @Labyrinth6000
      @Labyrinth6000 2 месяца назад

      They can’t because of inflation.

  • @hl1448
    @hl1448 3 месяца назад +6

    Wal mart comes in cheaper on many items, the 1.25 hurt them

  • @zeke5491
    @zeke5491 3 месяца назад +40

    I know in my local dollar generals ,the one in the hood has merchandise thrown all over the floor by the lovely patrons. The scaled down employees can’t keep up with theft and restocking problems

    • @marilyndee969
      @marilyndee969 3 месяца назад +7

      Notice they said they were closing because stores were "underperforming." This term is often used to mean that the theft is rampant and is destroying the ability of the store to be profitable. They didn't even mention it in their discussion. Other videos about stores closing focus on it as the reason for the stores closing. Since they didn't even bring it up, it is impossible to know exactly why they are closing so many stores. They just said they are doing that, and are leaving you to guess why they are doing it.

  • @tonywong2021
    @tonywong2021 3 месяца назад +14

    Dollar tree to $1.25, now moving to $1.75 they lose my business. Barely shop when they when raised to $1.25

    • @marleonetti7
      @marleonetti7 2 месяца назад

      but if they are selling a product for 1.75 that everywhere else wants 5 bucks for then its still a good deal .

  • @niceycalasey4443
    @niceycalasey4443 3 месяца назад +58

    Theft

    • @verawallace9055
      @verawallace9055 3 месяца назад

      Great, I forgot a purchase there and never get it back, I was thinking of going there and take it back, but am a softie

    • @urff1322
      @urff1322 Месяц назад

      And he had the nerve to blame it on Dollar Tree because they bought out Family Dollar 😂
      If anything, that helped out Dollar Tree because they are now able to finally have name branded items and food vs the off branded products.
      And people still want to complain about a .25 cent difference 😂🙄🙄
      Side note- Don't get me wrong, they still have off branded food and items.

  • @PurpleRose8725
    @PurpleRose8725 3 месяца назад +11

    Surprise, raising prices ran off their customer base.

  • @houchi69
    @houchi69 3 месяца назад +75

    Its actually more expensive to buy a lot of things at these places, when you actually calculate cost per serving.

    • @anastasia10017
      @anastasia10017 3 месяца назад +23

      That is true. You really have to look at what you are buying.

    • @justinebailey5333
      @justinebailey5333 3 месяца назад +3

      Yep

    • @justinebailey5333
      @justinebailey5333 3 месяца назад

      ​@anastasia10017 yasssssssssss

    • @BRBallin1
      @BRBallin1 2 месяца назад

      I don’t know about that. I really like their balloons, greeting cards, kitchen and cleaning supplies, tools, and toiletry items. I feel like I get good value

  • @petsematarykeeper
    @petsematarykeeper 3 месяца назад +6

    I learned more from reading the comments than I did from the actual video itself

  • @user-uo6xu7dt7w
    @user-uo6xu7dt7w 2 месяца назад +3

    It makes me think Dollar Tree acquired Family Dollar from the beginning, just so they could close down some of their competition. I think that should be investigated by the U.S. government.

  • @mari189ful
    @mari189ful 3 месяца назад +31

    What happened is they raised their prices, and with that, they stopped selling a lot of items that actually was the big sellers in the store, and let's not forget in some of the stores, almost all the shelves are empty for weeks on end. So you have to go almost everyday to hope and get some items when they put out the little they do stock on the shelves. The problem also is, when they do close some stores, they always close the one's that actually have their shelves stocked and keep open the stores that are always empty. They need to actually go and see for themselves which stores are empty for a week, those are the stores that need to go. And for the employees that are working by themselves, this comment doesn't reflect you, which is another point, they need to hire more people. At least two or more for the floor work and and two or more for the registers. Having one employee trying to do both is not working.

    • @MotocrossGuru-zf8pk
      @MotocrossGuru-zf8pk 3 месяца назад +4

      agree thats the worst bagging job. spend $50 scan and bag 50 items

    • @tattoomesam
      @tattoomesam 3 месяца назад +4

      Yeah, they stopped carrying the TGIF potato skin chips which were an awesome value and hunts ketchup the bottle shrank but the price went up. I still shop there, there bags of ice are a good deal too. Sad to see them closing

    • @twizlled2770
      @twizlled2770 3 месяца назад +2

      um that would involve work on coporates part, they are only interested in bottom line, profits! they have no idea what works in 1 store may not work in another, the whole problem in corporations IMO, been in retail over 30 yrs.

    • @monicaproffitt2705
      @monicaproffitt2705 3 месяца назад +2

      I like my Dollar Tree in Utica and Shelby Twp. mI. They try to help you find items and answer questions as best as they can. As for stock and prices, everything everywhere has gone up. Even McDonalds.

    • @vcb1023
      @vcb1023 3 месяца назад +1

      Family Dollar is a junk store. Old expired open box items are everywhere. No sense of order and stuff just thrown all over the place. Boxes in the aisles just males it uncomfortable to shop there. Dollar Tree lost its appeal when the prices were raised to $1.25.

  • @Variety1985
    @Variety1985 2 месяца назад +4

    I already STOPPED shopping at CHINA 🌳 TREE after they RAISED 💲 PRICES from $1.00 to $1.25! WHO got a 25% INCREASE with their PAYCHECK to cover this INCREASE? It's NOT just 25-CENTS more ... I would often buy DOZENS of items for the house with each visit but no longer!! Too, CRAFTERS often purchase HUNDREDS of items at a time ... IMAGINE that PRICE INCREASE 😡

  • @DavidLee-cr4xv
    @DavidLee-cr4xv 3 месяца назад +16

    So, they can’t make the business work even if they are the only store in town?

    • @Trentz2
      @Trentz2 3 месяца назад +4

      The best analysis, yet so many people with fat paychecks can’t seem to pinpoint.

    • @manonamission2000
      @manonamission2000 3 месяца назад +3

      Means the only store getting ransacked, in some cases...

  • @stevenhickey326
    @stevenhickey326 3 месяца назад +4

    My local Dollar Tree (Jackson Wyoming) is closing in August.
    Simply stated that DT chose not to renew the lease.
    Whatever.
    It can't be due to lack of business. The area is a tourist Hotspot (Yellowstone , GTNP) , and the place is always packed , with tourists needing toiletries , bug spray , water , etc.
    If this location is going belly-up , the entire corporation must be on very shaky ground.

  • @terrie001
    @terrie001 3 месяца назад +8

    Their stuff is not $1. I am not going into dollar tree spending $5 on one item. Bogus. They lose their identity and the worthy of their name. If I am gonna spend $5 on an item, I would have gone to walmart. If I am willing to pay $10, then I go costco.

    • @VaunXox
      @VaunXox 2 месяца назад +2

      And If I'm willing to pay $20 I go to my nearest strip club.

    • @2004cyrus
      @2004cyrus 2 месяца назад +1

      @@VaunXoxlmao Vaun you and me boff be sitting by the poles on our lunch break

  • @user-ko1fp6sp8m
    @user-ko1fp6sp8m 3 месяца назад +8

    This store is needed. This is just BS.

  • @PeterSedesse
    @PeterSedesse 3 месяца назад +4

    Their stores are so labor intensive getting products on the shelf. Even more than fast food, they are so at the mercy of a tight labor market and rising wages. Placing items on shelves by hand that are then sold for $1.25 is not going to happen in areas where fast food is paying $15hr.

  • @joanneblack8126
    @joanneblack8126 3 месяца назад +7

    We have a combination Family Dollar/Dollar Tree store in our town. I wish it was just Dollar Tree.

  • @matth04048
    @matth04048 3 месяца назад +3

    Bidenomics 101, Bidenomics 201, Bidenomics 301. Bidenomics 401
    Bachelors in Bidenomics

  • @johngenova3849
    @johngenova3849 3 месяца назад +6

    Believe it or not, I find better prices at Dollar General. They have a Dollar aisle and it’s fantastic and it’s a true $1.00 aisle. Dollar tree screwed up once they changedtheir price structure because now since they’ve allowed three and five dollar items all the $1.00 items that went to $1.25 are slowly crawling up to $2.00 in the store and you don’t see it unless you’re in there. The products have also changed. You can’t get what you used to get in the store for $1.00 because they can’t buy it at a 50% purchase any longer. It’s very sad, but the merchandising in a nutshell is falling to hell and who feels it the consumer as always.

  • @SIKE01
    @SIKE01 3 месяца назад +41

    one word: CRIME

    • @VaunXox
      @VaunXox 2 месяца назад

      one word: USED CONDOMS

  • @celebrityrog
    @celebrityrog 3 месяца назад +8

    1. Too many “dollar stores” and half of them owned by ONE FAMILY.
    2. Too many of them are in really terrible areas and hire terrible staff.
    3. The prices went from $0.99 to $1.25-$1.99

  • @Jeremymich1985
    @Jeremymich1985 3 месяца назад +4

    High inflation is what caused these stores to downsize. These stores have to pay leases also. We already seem that in other major companies besides these dollars stores going bankrupt or downsizing. As long as these current interest rates remain where they are, more companies will down the same path.

  • @Victoria-OneLove4AllPeople
    @Victoria-OneLove4AllPeople 3 месяца назад +5

    Dollar General will probably open stores in
    some of those communities.

  • @ChristiansEndeavorMinistries
    @ChristiansEndeavorMinistries 3 месяца назад +3

    They started to decline when they added .25+ cents on the “Dollar”. What always set them apart was their price was guaranteed to be less than $1.00. 😐 Greed is not always advantageous.

    • @twizlled2770
      @twizlled2770 3 месяца назад

      agreed, 25% increase seems quite greedy to me, i know they didnt give any raises to employees with that increase

  • @staywell7217
    @staywell7217 3 месяца назад +5

    ...after they increased the prices by $.25 on each item...smdh...we're purchasing less.

  • @MothersLovingArmsNursery
    @MothersLovingArmsNursery 2 месяца назад +2

    Serves them right for getting greedy and raising prices for cheap Chinese stuff, and lowering the quantity. It used to be you knew exactly how many things you can get and if you had $10 you knew you can still get some food for a few days to hold you over, now you get 4 items for $5 and you get a lot less in the packaging. It was always a toss up for me because many items were cheaper at walmart. Ajax to clean your tub was a $1 at the tree but 89 cents at walmart same with dish liquid cheaper at walmart and so many more things. Now they don't even have my fav sponge on a stick to reach into deep jars and glasses, they haven't had it for almost 8 months now, so I really have no reason to go there, plus they never have cute colors it's always ugly colors like gray green black dark blue, yuck, for their baskets and stuff. I can stomach $1 for something I will use and throw out but now things add up and you get less and less. Id rather spend a buck or two more and get something better and more.

  • @douglassmith9698
    @douglassmith9698 2 месяца назад +2

    Underperforming? Because they dont wanna get sued for saying people are stealing and taking items with no consequence.

  • @CaptSpaulding666
    @CaptSpaulding666 3 месяца назад +2

    People really don't understand how this all works 🤣 purchase a company "close" stores stock drops, they aren't closing them. Turning them into new dollar stores and stocks go back up. Exactly what Dollar general did.

  • @LoveClassicMusic0205
    @LoveClassicMusic0205 3 месяца назад +5

    They ought to change their name to Tree Fitty.

  • @chuckhunter77
    @chuckhunter77 3 месяца назад +5

    They're gonna reopen as "10 Dollars Tree".

    • @rykie6278
      @rykie6278 3 месяца назад

      😂😂😂

  • @adamblack6867
    @adamblack6867 3 месяца назад +5

    I know me for one stopped going there much after they raised the price to $1.25 back when it was a dollar I would go buy stuff all the time .

  • @kojoowusu7009
    @kojoowusu7009 3 месяца назад +4

    I always say its da people. People keep stealing thieves keep stealing and stores start closing. And closing in your own neighborhood.

  • @cdcVintage
    @cdcVintage 3 месяца назад +2

    Because of shrinkflation DT stores now specialize in trail size products. Those are more expensive per oz when you do the math.

  • @bgregg55
    @bgregg55 3 месяца назад +3

    Exactly the same happens when walmart closes a store after running every other store out of town.

    • @sneksteppy
      @sneksteppy 2 месяца назад

      >Ukrainian flag
      >Opinion discarded

  • @toyerharris7069
    @toyerharris7069 3 месяца назад +2

    They was only charging a dollar. They went up 25 cents. How can that hurt anyone when you pay double or triple in the store get real..only 25 cent more..

  • @jermainec2462
    @jermainec2462 3 месяца назад +6

    Too many dollar stores period ... And they only put a bunch of dollar stores on the rough side of town or in some rural part of the county. They pray on the poor ... So it sounds like karma to me ...

    • @anthonytaylor7928
      @anthonytaylor7928 3 месяца назад +1

      Aw stop they are in middle class and high class areas too

    • @jermainec2462
      @jermainec2462 3 месяца назад +1

      @anthonytaylor7928 nawl ... I want you to go to the suburbs and count how many dollar stores there are and then turn around and go to the hood and see how many dollar stores locations I guarantee you the hood got twice as many ...
      See you're fine and dandy when you got a variety of dollar stores and other retail outlets.But when you're only surrounded by gas stations and dollar stores and liquor stores and it's a dollar store every other mile there something up with that
      And it may not be in your neck woods but in my part of the country, in my city, I see it.I see the difference between the urban areas and the suburban areas I don't need 4 Family Dollar stores and 3 general dollar stores within a 3 mile radius.All that shit is high.You might as well go to Walmart LOL

    • @2004cyrus
      @2004cyrus 2 месяца назад

      @@anthonytaylor7928yes they are.

    • @2004cyrus
      @2004cyrus 2 месяца назад +1

      @@jermainec2462you ain’t lyin Jermaine.

  • @montanaminck2226
    @montanaminck2226 3 месяца назад +9

    Raised prices and get half the product, SEE YA

  • @Misty-gc6bq
    @Misty-gc6bq 3 месяца назад +2

    The last time I went the prizes were mostly $2-5. Very few items at $1.25.

  • @scottbakanumba1heathen313
    @scottbakanumba1heathen313 3 месяца назад +2

    The wig I bought at Dollar Tree wasn't called "Backseat Frolic" for nothing! Fell apart in 48 hours.

  • @Cerby1979
    @Cerby1979 3 месяца назад +2

    Dollar Tree became Dollar Twenty-Five Tree.

  • @MrNelsom
    @MrNelsom 3 месяца назад +11

    Maybe the Amazon effect

    • @ryandarko2115
      @ryandarko2115 3 месяца назад

      Also not of the big fish that went out of business fought against Amazon

    • @silentmajority8365
      @silentmajority8365 3 месяца назад +2

      Oh sure Amazon can beat a dollar lol

    • @silentmajority8365
      @silentmajority8365 3 месяца назад +4

      @@ryandarko2115 🏃🏿🏃🏿🏃🏿🏃🏿🏃🏿🏃🏿effect

    • @81redddd
      @81redddd 3 месяца назад +1

      And temu

    • @2004cyrus
      @2004cyrus 2 месяца назад

      @@silentmajority8365too much of that

  • @joeboxer8884
    @joeboxer8884 3 месяца назад +4

    Rase the price and lose the customer 😊

  • @justiceforall007
    @justiceforall007 2 месяца назад +1

    I recently went into the Dollar Tree to get my son a pint of ice cream and when i went to the register was shocked to hear it was now $5 instead of $1. What?????

  • @mariakristinahawl1640
    @mariakristinahawl1640 3 месяца назад +3

    They raised their prices. Period.

  • @waltersabo8192
    @waltersabo8192 2 месяца назад +1

    clearly NEITHER OF THESE TOOLS HAVE BEEN IN A DOLLAR TREE. Most stores are not in a rural food desert, they are in busy suburbs and cities. The stores are chaos. Understaffed. New higher priced sections that make no sense. . Empty shelves and refrigerators. Neither of these tools get it.

  • @makimood
    @makimood 3 месяца назад +3

    Price changes and underpaid employees, thats why no one is there and hell dollar general might aswell be next

  • @bartbarton3082
    @bartbarton3082 3 месяца назад +1

    If the Working classes weren't
    taxed into poverty, discount stores would not be dire nesscessities.

  • @ethano9527
    @ethano9527 3 месяца назад +6

    So Dollar Tree is the only store around, but it’s underperforming.

    • @jermainec2462
      @jermainec2462 3 месяца назад +4

      shit doesn't add up, does it ? 😂

    • @Qresmaidapa
      @Qresmaidapa 3 месяца назад +1

      ​@@jermainec2462😂

    • @2004cyrus
      @2004cyrus 2 месяца назад +2

      Theft

  • @yeah_right88
    @yeah_right88 2 месяца назад

    I can only speak from the corporate side.
    I owned a shopping center in Nevada that had a Dollar Tree as a tenant.
    They are the absolute worst tenant in my 15 years of investments.
    It was literal hell, and the corporate turnover was dizzying. They simply refuse to comply with commercial leases.
    I sold the property late last year solely because I wanted to stop doing business with them.
    Never again would I ever allow a dollar store to be a tenant in any property I own.

  • @battles423
    @battles423 3 месяца назад +4

    Dollar Tree tried to fight Dollar General

    • @sweetipie1995
      @sweetipie1995 3 месяца назад

      And everyone ended up at walmart

  • @kuor1979
    @kuor1979 3 месяца назад +1

    Theft at our Dollar Tree is a large problem.
    Gascon and Gavin need to Go ...

  • @keithdarling4925
    @keithdarling4925 3 месяца назад +4

    They should never have bought family dollars for a billion dollard

  • @lunchladyev
    @lunchladyev 3 месяца назад +2

    Paying more & getting less product! The more we earn, the more they take!! It’s just ridiculous, no matter how you look at it!!

  • @Ij-jan
    @Ij-jan 3 месяца назад +2

    I find most of the items sold at dollar tree can be found in big box stores much cheaper

  • @Gogalen789
    @Gogalen789 2 месяца назад

    What nobody hardly mentions is that all these various dollar stores chains have escalated a saturation of retail location volume beyond imaginable proportions to become their own worst enemy and precipitating the consequential fallout.

  • @sueelliott3206
    @sueelliott3206 3 месяца назад +2

    Their managers(at least near me) are about as friendly as a bad headache
    He never says hi or excuse me or smiles
    Or asked if the customers are finding everything okay. He just wanders around with headphones listening to music. All that while every aisle has at least 1, usually 2 carts full of merchandise blocking the shelves. It reminds me of the old kmart store. Its pathetic.

    • @SmifLaly
      @SmifLaly 2 месяца назад

      Don't believe the hype people... they made $28 BILLION in 2023 and are set too take in $30 BILLION this year.
      They pay their employees CRAP but the big wigs take home insane bonuses. They've been in the media lately for being supremely understaffed and poorly maintained. John Oliver just spoke about this last week...

  • @sherrysilveira2055
    @sherrysilveira2055 3 месяца назад +8

    I won't shop at any store that won't allow the cart to unload at the vehicle. They may as well remove the carts completely and just offer baskets. Not worth my time.

    • @user-km6xc9nm2w
      @user-km6xc9nm2w 2 месяца назад +1

      If people didn't run off with the carts, sometimes full of unpaid items, the stores wouldn't have to put poles on them. Blame the thieves.

    • @sherrysilveira2055
      @sherrysilveira2055 2 месяца назад

      @@user-km6xc9nm2w It is unfortunate that this can't be stopped. Everyone is punished for it.

  • @paulgrimaldi1751
    @paulgrimaldi1751 3 месяца назад +2

    Everything is disappearing! I blame computers...

  • @AwkwardTruths
    @AwkwardTruths 3 месяца назад +1

    “Family Dollar is a victim of the macro environment out there,” Chief Executive Rick Dreiling said Wednesday, citing still-accelerating levels of *inventory loss and theft* . “But again, I come back to a well-run Family Dollar is a very, very powerful retail format.”

  • @marylhere
    @marylhere 3 месяца назад +1

    There are two people who work at each of these stores. A Help Wanted sign means there are boxes of goods in the aisles waiting to be shelved.

  • @stanislawkwak8857
    @stanislawkwak8857 2 месяца назад +1

    Hi I go to dollar tree 2 times a week at least. One thing that bothered me is when all item went up by a quarter . They should of ketp it a tradition to keep it old style . The greed from the corporation is making break their own rules. I worked in places were a quarter in certain hoods . Could of kept someone from eating. They are getting more and more greedy. The world is sick

    • @2004cyrus
      @2004cyrus 2 месяца назад

      You nailed it Stan! Greed. And it is sick

  • @user-kf7vc3gu2i
    @user-kf7vc3gu2i 3 месяца назад

    Also government funding is being cut. The truth of the matter is that many stores are not satisfying customer service requirements. I hope that finally only stores that are performing well in offering great customer service and have competitive prices will survive.

  • @kamanama3671
    @kamanama3671 3 месяца назад

    most of the stores are completely hideously run from the corporate level. There’s only ever two employees seen at the Dollar General. They can never keep up with the mess and organization of the place. There’s no remodeling of the stores they look and feel 20 to 30 years old. There’s a cheap factor which is both good and bad and I know that the dollar trees for the most part are not complete and utter obstacle course. I’ve tripped inside one of them before. It makes it extremely uncomfortable to shop at.

  • @phyllisgiardina810
    @phyllisgiardina810 Месяц назад +1

    I enjoy shopping there…. Hope they stay open in my area.. 🙏🏻🙏🏻🙏🏻

  • @awesomereview2358
    @awesomereview2358 2 месяца назад

    I can tell you why the stores are under performing. Where do I begin? One corporate is a moron. Two they don’t care about their employees. I had to undergo bereavement because my father passed away. They basically told me they didn’t care. It wasn’t the manager that said that it was corporate. 3 they treat they’re good managers like garbage I’ve witnessed this. They had my store manager, which is a excellent manager working 90 hours a week she was getting absolutely no help from corporate when she asked them if she could schedule more help she was getting paid just a little bit more not by much than us and in fact, if corporate would’ve let us any other employees would’ve been able to make more than she did. She’s been shot maced she’s gotten assaulted and then when we asked for security, they hired an agency where we have to call when there’s something going down and they have to drive all the way across town. What’s the point dollar tree has failed. The public on their promise has failed their employees consistently and their managers. In fact when I heard how much my manager was making salary, I called her a poor bastard. I told her straightforward that she got screwed in fact, it was so bad. She actually took a demotion and came out ahead somewhat so if you ask me, they had it coming.

  • @charlessmith263
    @charlessmith263 2 месяца назад

    Altman Z-score in the first years of Family Dollar - was roughly 4.13. Now it is down to a 0.83 average! Anything 1.00 or lower in the Altman Z-score means the permanent shuddering of a retail chain or business chain of stores!!!!!

  • @InugamiTheHound
    @InugamiTheHound 2 месяца назад +1

    family dollar is terrible and both dollar generals and family dollar are under staffed and have too much inventory and they haven't raised wages up.

  • @yourturn777
    @yourturn777 3 месяца назад +2

    I LOVE DOLLAR TREE❣️
    Ive never even liked family dollar 🤮

  • @AuroraTheGoddess
    @AuroraTheGoddess 2 месяца назад

    This is why the shelves have been empty and it’s such a shame companies get greedy and take on more than they can chew dollar tree was my favorite place over family dollar and the shelves have been not stocked for many months. Such essentials like Tylenol Benadryl and pads etc have been out of stock and the stores always state it’s a corporate issue and the shelves aren’t stocked becuz the company wasn’t able to make anymore deals having product sold in their stores

  • @ladydeeelmansy-john6006
    @ladydeeelmansy-john6006 3 месяца назад

    Company got greedy. When dollar tree bought family dollar they thought it would put dollar general out of business. Shame on them, it backfired. The upper management of dollar tree sit in their offices making all the money while the folks who do all the labor are not paid a fair wage. They dont want to hire employees to work so the lines are extremely long, the quality of the merchandise that are $3 and $5 are still only worth $1. The gallon bottle of water you could get for under $1 at times at big lots etc. Dollar tree expects employees to open 26 boxes and put on shelves in 1 hour, slave labor if you ask me. Many managers speak Spanish and non or very little english, so how can they communicate with customers or other employees who speak english. Some stores only have 2 employees at a time and they must complete all tasks on shift. Very bad place to work. Work there as a last resort

  • @juliencooper177
    @juliencooper177 3 месяца назад

    A store by that name closed, I think within a year after making customers put backpacks in lockers, where they can be forgotten causing long trips back to retrieve them or opening of lockers after closing with them being opened or lost. And I have seen that with other stores by other big names go not long after making that change, in fact one small sized store closed in a location some few miles from a bigger one under the same name remaining open several years to now where customers continued to wear backpacks. More recently, another store which may be a much smaller name or family owned had closed and sold early this year after last summer telling customers to leave backpacks by the front door where these can be stolen by other people.
    I am curious when stores' staff and their bully rent-a-cops will tell me to leave my socks and pockets in lockers and unprotected entryway areas. Those littler spaces are easier to load with products and with several trips one can steal a lot of money's worth if not caught just by loading those smaller spaces. I tried at my home and in friends' places to load my backpack with things to prove if I can do it or not. I couldn't do that while wearing it and by taking it off, that was quite the obvious moves. So, I tell store staff 'If I take the backpack off, you are welcome to empty and search it before I leave, otherwise it stays on me, I'll shop with that on, my socks on and my pockets on or I'll not shop here, oh, and you'll close up shop soon.' and some stores' staff or managers agree to let me through because that makes sense, and I don't get searched.
    What a good feeling it is to exit a store with their products and their receipts in hand, without first putting up a fight to freely do that. 😊
    Is there a downward trend in sales and more chance of stores closing where customers have to separate from their backpacks and personal items while shopping? I've seen it many times over my lifetime, I believe that's the end-in-site for many big name locations and whole big name businesses and small stores.

  • @edybassen5646
    @edybassen5646 2 месяца назад

    Sad for those Dollar General Stores now come to close all their stores. When sex hard drugs put in all food/drinks in 7/2021, I was devastated due to I could sense the drugs in food, use things, I couldn't eat them. Good thing, I went to 5 of those stores in Vero, Melbourne, mostly in Sebastian, plus few Chinese grocery stores in Orlando, Melbourne, spent $ thousands of dolars buying those date-old food, otherwise, I would stave to dead by evil Blacks who stealing treasure, bribe all, hired Latina drugs leads & create sex hard drugs worldwide, as of today, still going on, Latian drugs leads now stealing as much as Blacks on empty $ from US, the taxpayers, but all gov officials all took bribery, nobody wants to investigate, sad, for bribery, sold your country, but fake fight to dead two parties???? Thank you, General Dollar Stores for saving me when I need you. I was in very critical conditions for those few years, even set at my car park in Walmart outside eat rice/noodle soup for my lunch/dinner when I was working, no meat, only half bag of rice that last me for a year, even rice, soy-source, salt all have sex hard drugs, damn, evil people!!

  • @FolkatKaatClove
    @FolkatKaatClove 3 месяца назад

    Meanwhile, Dollar General is opening stores Yes, all three are understaffed, but the hours and the sporadic shift assignments make being an employee at any of the three almost not worth it, trying to fit in regular life responsibilities like children and the need to work a second job with crazy hours just to survive.

  • @robertdolan5154
    @robertdolan5154 3 месяца назад

    Ps there 16.000 store in the u,s,a and closing 1000 of them sounds like a
    Theft problem to me
    An poor Management. Sad to see this BUT IT HAPPENS ALL OVER THIS COUNTRY BUSINES ARE GOING
    UNDER BECAUSE OF
    LIKE OF LAW ENFORCEMENT. COUNTRY IS NEXT
    GOD BLESS YOU ALL😢❤❤❤❤

  • @desertflowerz89
    @desertflowerz89 3 месяца назад +1

    Was just at a store and they confirmed prices going up to 1.75. Also said there would be a name change???? Anyway, I didn’t respond but if their prices go up so much they lose their competitiveness.otherwise, their stores are looking better and becoming more popular. This was avoidable.

    • @adamblack6867
      @adamblack6867 3 месяца назад

      I won’t set foot in there if it goes up to $1.75 it will lose the low price edge and end up going out of business.

  • @PINKBOIKWEENOFSOUL
    @PINKBOIKWEENOFSOUL 3 месяца назад

    😕Here in Los Angeles county, I have actually been in Dollar tree and have seen various unfortunate people in society come in and you know basically put what they want to in whatever they got! And I mean whatever they got! 😂 And walk straight out and I have asked the cashier and she said there's NOTHING WE CAN DO ABOUT IT. And I said YOU'RE RIGHT😂 because why risk your life over this?! 🤔🤷🏾‍♀️

  • @davidtaylor328
    @davidtaylor328 3 месяца назад

    Well this Sucks. I pray that they Don't Close Stores in the suburban Chicago area !!! PLEASE.

  • @buckeyedav1
    @buckeyedav1 3 месяца назад

    Family Dollar in my neighborhood is convenient for a lot of my neighbors who do not have cars, there are actually 3 neighbors that I know of who were completely dependent on Family Dollar but we also have a Dollar Tree that opened up 2 years ago it's just a little farther to walk to. Our store will close April 13th. We will have to go back to the "old ways" of doing things in this country. I can remember in the 70's we had family in a small rural town about 50 miles away. They would come up during the school year and buy all their kids clothes for school at K Mart. People will just have to be more resourceful again or learn to Car Share with neighbors to get to the bigger stores and stock up more when they go. Walmart really is just as cheap now days as Family Dollar it's just farther to get there. I have never been a big fan of Family Dollar but it was convenient when I needed something quick mine is literally across the street. People will have to learn to plan better on things like toilet paper. We will be o.k. it will just take some planning. Anna In Ohio

  • @lindajohnson.
    @lindajohnson. 3 месяца назад

    1 checker and raising their prices! The store I have to use is a mess. They never have the store stocked. 😢😢😢. I don’t think it is all about the income level. We are high middle income. 😢

  • @JD-mm7ur
    @JD-mm7ur 2 месяца назад

    one clerk per store for $8 an hour. who can't stock shelves and run register simultaneously.
    greed. that's what happened.

  • @Salpal179
    @Salpal179 3 месяца назад +16

    A lot of theft, besides bad customer service.

    • @nuttybar9
      @nuttybar9 3 месяца назад

      @AtomicGirlNYC Not where I live.

    • @silentmajority8365
      @silentmajority8365 3 месяца назад +1

      Can't expect much service for a dollar
      It was theft by those getting their as kissed

    • @JohnSkyLey
      @JohnSkyLey 3 месяца назад +7

      Why would you expect good customer service? It’s a dollar store, what exactly do you need help with? Find your item and check out

    • @mea3665
      @mea3665 3 месяца назад

      Customers that shop there are worse than the employees nasty people !

    • @manonamission2000
      @manonamission2000 3 месяца назад +1

      @AtomicGirlNYC folks will either shop or shoplift

  • @michaelbest7872
    @michaelbest7872 3 месяца назад

    To me, it's difficult to believe that a store like "DOLLAR" TREE has to close stores because of lack of SALES!!! Really ! ? In times like these where more people are seeking out bargain prices! I think it's more like overhead costs are too high ( i.e. upper management salaries and poor managing / marketing / advertising needs. Sure, people steal, even from stores like Dollar tree. I get that. But at what level? Dollar Tree executives like Michael Witynski, who's annual salary is over 1 million dollars AND a compensation of almost 4 million dollars seemingly has too much on his dollar plate!

  • @Anna-qf9hm
    @Anna-qf9hm 3 месяца назад +1

    I miss dollar tree Very much Farewell

  • @lorilxn1597
    @lorilxn1597 3 месяца назад

    They just built and opened a brand new one in my small town. The one on the sw side of Cedar Rapids Iowa is never stocked. I quit going there and I'm excited there's one here. It's been open 2 days and both days the parking lot was full